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Stocks

“Hims & Hers soars 31% on rapid growth in mental health, weight loss and dermatology treatments”

March 1, 2024

“…Shares of Hims & Hers closed up 31% to $13.43 as of Tuesday afternoon. They’re now up more than 50% for the year after climbing 39% in 2023… Revenue jumped 47% to $246.6 million, topping the $246 million expected by… Continue Reading…

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Economy

“Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago”

March 1, 2024

“… …” https://www.cnbc.com/2024/02/29/pce-inflation-january-2023-.html Inflation is up and unfortunately its going to get worse. Banks are going to have some major problems in March. This doesn’t bode well for the economy.

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Stocks

“Block shares surge 16% after company announces surprise profit”

February 28, 2024

“Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on gross profit and showed strong growth in its Square and Cash App revenue. Here’s how the company did, compared to analysts’ consensus from… Continue Reading…

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Business, Stocks

“This Generative Artificial Intelligence (AI) Growth Stock Has Jumped 86% in a Year. Here’s Why It Can Skyrocket Another 73%.”

February 26, 2024

“Cybersecurity specialist SentinelOne (NYSE: S) has delivered remarkable gains of 86% in the past year… Assuming SentinelOne does hit $1 billion in revenue in fiscal 2026 and maintains its current sales multiple of 15, its market capitalization could increase to $15 billion. That… Continue Reading…

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Stocks

“Potential Stock Splits in 2024: 2 Monster Growth Stocks Up More Than 400% and 1,000% in 4 Years to Buy Now”

February 26, 2024

“Share prices of Nvidia (NASDAQ: NVDA) and CrowdStrike (NASDAQ: CRWD) soared more than 1,000% and 400%, respectively, over the last four years. Those monster gains make the companies stock-split candidates in 2024, but both are worthwhile investments whether or not those splits happen… Grand View Research… Continue Reading…

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Stocks

“SoftBank shares extend their surge, pop more than 15% on earnings beat”

February 23, 2024

“Shares of SoftBank Group rose as much as 15.29% Friday morning, a day after the Japanese investment firm posted earnings that beat analysts’ expectations. SoftBank’s on Thursday posted its first quarterly profit following four quarters of losses, thanks to big gains at… Continue Reading…

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Energy

“Gen Z are treating employers like bad dates: 93% ghost interviews and 87% have not even shown up for their first day of work”

February 22, 2024

https://finance.yahoo.com/news/gen-z-treating-employers-bad-121633798.html I don’t care about what this article has to say. I say good for Gen Z if they can afford it. Do what makes you happy. At the end of the day that’s all what matters. In reality work… Continue Reading…

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Economy

“Americans making student loan payments have up to 36% less saved for retirement”

February 22, 2024

“…In fact, employees with student loan payments who earn $55,000 a year or more and have been at their company for five years or less have average 401(k) balances 36% lower than those without payments, the EBRI found…” https://www.cnbc.com/2024/02/19/americans-making-student-loan-payments-have-up-to-36-percent-less-in-401ks.html College… Continue Reading…

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Economy

“Israel’s Economy Contracts Nearly 20% After Outbreak of War”

February 21, 2024

“…Gross domestic product shrank an annualized 19.4% in the final three months of last year, in seasonally-adjusted terms, according to preliminary figures released on Monday. That was worse than every estimate in a Bloomberg survey of analysts, whose median forecast… Continue Reading…

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Stocks

“Lyft shares jump over 35%, retaining some gains after forecast error” [Feb 14]

February 21, 2024

“Lyft shares closed up over 35% on Wednesday, retaining some gains after the company said it made a major error in a press release reporting its latest results, but still outperformed analyst estimates… Lyft stock initially shot up more than 60%… Continue Reading…

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